Buyers

With compressing budgets and increase demands being placed on staffing resources, organizations are under intense pressure to discover efficiencies and put them into practice. Often a dilemma is immediately faced — how do you cut costs without cutting services?

Purchasing professionals and key decision makers in both the private and public sector are turning to reverse auctions to achieve the greatest value for their dollar.

Discover the rewards of BidBridge.

Your job includes discovering efficiencies and putting them into practice. There's no better place to start than your bid procurement process! The traditional paper procurement process typically results in single bids from each member of a small selection of suppliers. Today, BidBridge consistently rewards buyers with:

• More suppliers submitting multiple sealed bids in a timed event.
• Lowered costs through increased competition.
• True market value for your purchases.
• Audit trails: detailed, time-stamped documentation of your bid process.
• Compliance: BidBridge documentation provides complete transparency.
• Disaster recovery: Your documentation is backed up in three locations.
• Instant bid tabulation and reporting
• Web access to a specification library.
• An assigned team to work under your direction.

We reward you with efficient and productive business practices by offering a variety of electronic, web-based procurement solutions proven to reduce costs. We back up your procurement experience with a support team of professionals who are experts in:

• Strategic sourcing
• Procurement
• Sealed bid process

The rewards of an electronic sealed bid with reverse auction.

How do we create competition, lower costs, and bring you the rewards of increased efficiencies? It starts with our Electronic Sealed Bid (ESB) with Reverse Auction platform - a real-time, secure, web-based electronic procurement and bidding process.

• Web-based means no software or hardware to install.
• Participating suppliers are pre-approved by you.
• Buyers have the flexibility to award based on best value or lowest price.
• There is no direct charge to the buyer.

In an Electronic Sealed Bid with Reverse Auction on the BidBridge website, suppliers compete to sell their product or service in real-time. Real-time competition among suppliers historically results in reduced costs.

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